Top Ten Holdings

Brunner Investment Trust PLC
06 February 2004

                                  THE BRUNNER INVESTMENT TRUST PLC

                               TOP 10 HOLDINGS AS AT 30th JANUARY 2004

Stock Name                                                                 Market Value             %
                                                                           £

Treasury 5 7/6/04                                                          25,274,426           10.39
Vodafone Grp                                                                9,616,988            3.95
HSBC Hldgs                                                                  8,678,979            3.57
BP Plc                                                                      8,370,459            3.44
GlaxoSmithKline                                                             7,054,453            2.90
Royal Bk Scot                                                               6,299,208            2.59
Barclays                                                                    4,569,954            1.88
AstraZeneca                                                                 3,481,086            1.43
Shell Trnspt & Trading                                                      3,480,156            1.43
HBOS                                                                        3,141,243            1.29

Total Assets Less Current Liabilities                                     243,359,814

Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

6th February 2004




                      This information is provided by RNS
            The company news service from the London Stock Exchange